Renewables

Serbia reaches 500 MW quota for wind power

Published

April 27, 2016

Country

Comments

comments icon

0

Share

Published:

April 27, 2016

Country:

Comments:

comments icon

0

Share

The Ministry of Mining and Energy revealed in mid-April it filled the capacity of 500 MW envisaged for electricity from wind turbines. Projects awarded with the temporary status of privileged producers are eligible for subsidies by law, but the government yet needs to adopt the frame for power purchase agreements. Serbia is waiting for a new cabinet to be formed after a general election was held on April 24. Investors have been showing interest in more projects.

The quota includes projects Čibuk 1 by Vetroelektrane Balkana d.o.o. (Continental Winds) of 158.4 MW, Kovačica by Elektrawinds K-Wind d.o.o. of 105.6 MW, and Plandište 1 by Wind park Plandište d.o.o. of 102 MW. The last one is controlled by NIS, Serbia’s flagship oil and gas company, majority owned by Russian Gazprom Neft.

Company Elicio had facilities Alibunar and Malibunar of 42 MW and 8 MW, respectively, accepted within the designated volume through firms Electrawinds-S d.o.o. and Electrawinds Mali WF d.o.o. Three projects managed by venture MK-Fintel Wind a. d. in the list are Košava, with 68 MW, La Piccolina, 6.6 MW, and Kula, the only operational wind farm, of 9.9 MW. However, only 22.6 MW of Košava was included in the quota, while Ram, facility planned for 9 MW, was rejected.

Elicio said it was the first to provide banking guarantee for a large project, Alibunar, and was granted the status of a privileged producer of power. The fact that the 500 MW quota is reached shows that investors in renewables have confidence in Serbia and that it is about time to issue directives regulating the sector so that construction can begin, the company underscored in a statement for Balkan Green Energy News.

“We are very proud that wind park Kovačica, as one of the newest projects, was included in the 500 MW quota, together with the most serious investors, who from the beginning showed dedication in their work and intentions to build,” said Miloš Colić, head of New Energy Solutions d.o.o. (NES), developer of the facility.

Related Articles

Final countdown to Belgrade Energy Forum 2026 on May 11 12

Final countdown to Belgrade Energy Forum 2026 on May 11-12

06 May 2026 - BEF 2026, the premier B2B and B2G energy conference in Southeast Europe, is welcoming a plethora of institutional partners and a record number of energy ministers in its fourth edition

Western Balkans request earlier exemption of electricity from CBAM

Western Balkans request earlier exemption of electricity from CBAM

06 May 2026 - Montenegro, Serbia, Bosnia and Herzegovina, Kosovo* and North Macedonia are asking for the amendments to the European Union's CBAM Regulation to be adjusted

europe cip report energy transition 2050

CIP: Europe could reduce electricity prices by 40% by 2050 with clean energy

05 May 2026 - CIP built an integrated energy system model and based on that, conducted an analysis of how Europe’s energy system could evolve towards 2050

Finalists of the 2026 European Sustainable Energy Awards announced

Finalists of the 2026 European Sustainable Energy Awards announced

05 May 2026 - Public voting for the best European clean energy projects and leaders is now open, within European Sustainable Energy Awards 2026